Visionary Gold Corp. Ships First Core Samples from Initial 3,500 Metre Drill Program at Wolf Gold Project and Adds Second Drill Rig
Visionary Gold Corp. Ships First Core
Samples from Initial 3,500 Metre Drill Program
at Wolf Gold Project and Adds Second Drill
Rig
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2021) - Visionary Gold Corp. (TSXV:
VIZ) ("
Visionary
" or the "
Company
") is pleased to announce that drill core from the first hole of its initial
27 hole, 3,500 metre drill program at the Wolf Gold Project has been sent for analysis and that the
Company has hired a second drill contractor to accelerate the program.
"We are excited to be the first company to collect core samples from the storied Lewiston Gold District
in Wyoming," commented, Visionary Gold CEO, Wes Adams. "We are now awaiting assay results from
the first hole.
The addition of a second drill rig will allow for increased drilling production and, ultimately,
faster return of assay results. In addition to accelerating the drill program we are continuing to develop
new targets on our 50 square kilometre land package by way of geologic field work, including rock and
soil geochemistry. We will continue to provide drilling and exploration updates as results are received
and discoveries are confirmed."
The initial drill program was designed to test up to 1000m of a 2500m surface gold anomaly that is
believed to be associated with the Wolf shear zone, where Visionary sampled 5.19 grams per tonne (g/t)
over 10.25m including 39.19 g/t over 1m in a channel sample across the strike of the shear.
About Visionary Gold Corp.
Visionary Gold Corp is a Vancouver-based mineral exploration company focused on precious metals
discovery and development in the historically productive Lewiston gold district of Fremont County,
Wyoming, a district that, while having a strong gold mining history, has never been explored using
modern techniques. The Company now controls a 50 square kilometre land package with numerous high
potential, drill ready targets.
For further information, please visit the company website at:
www.visionarygoldcorp.com
Contact:
Wes Adams, Chief Executive Officer
Visionary Gold Corp.
410-325 Howe Street
Vancouver, BC V6C 1Z7
Tel: (303) 809-4668
Technical Disclosure Advisory
All scientific and technical information contained within this press release was prepared under the
supervision of Darren Lindsay, P.Geo. (EGBC), a Qualified Person as defined by NI 43-101. Mr. Lindsay
is a Director of the Company.
It should be noted that the potential quantity and grade of the exploration targets disclosed in this press
release is conceptual in nature, that there has been insufficient exploration to define a mineral resource
and that it is uncertain if further exploration will result in the target being delineated as a mineral resource
as per the NI 43-101 reporting standards.
Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of Canadian securities
legislation. These include, without limitation, statements with respect to acceleration of the Company's
drilling program at the Wolf Gold Project, analysis of core samples and further updates regarding drilling
and exploration progress in the coming weeks. Forward-looking statements are necessarily based on a
number of estimates and assumptions that, while considered reasonable, are subject to known and
unknown risks, uncertainties and other factors which may cause actual results and future events to differ
materially from those expressed or implied by such forward-looking statements. Such factors include, but
are not limited to general business, economic and regulatory risks; capital and operating costs varying
significantly from management estimates; timing of the provision of services by third parties; delays in
obtaining or failures to obtain required governmental, environmental or other project approvals;
uncertainties relating to the availability and costs of financing needed in the future; inflation; fluctuations in
commodity prices; delays in the development of projects; and the other risks involved in the mineral
exploration and development industry generally.
Although the Company believes that the assumptions
and factors used in preparing the forward-looking statements are reasonable, undue reliance should not
be placed on these statements, which only apply as of the date of this news release, and no assurance
can be given that such events will occur in the disclosed time frames or at all. Except where required by
law, the Company disclaims any intention or obligation to update or revise any forward-looking
statement, whether as a result of new information, future events, or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/96738